News
Expertise in Action: Supporting profitable growth for brokers
The trading landscape for brokers continues to be one marked by tough competition and tight margins.
Ageas given High Court approval to transfer Groupama covers
Ageas has received approval for the formal transfer of all Groupama business to its Optima and Exclusively brands from the end of October.
Dual unveils new regional MD for Asia
Hyperion-owned Dual International has appointed Mark Spadaccini as regional managing director of Dual Asia, responsible for both the Hong Kong and Singapore offices.
Sales and service CEO Trott exits Towergate
Towergate sales and service chief executive Simon Trott has left the consolidator after a decade at the firm.
BP Marsh reports £1.4m profit after Hyperion sale
Venture capital provider and former Hyperion investor BP Marsh has reported profit after tax of £1.4m for the six months to July 2013, down from the £2.2m reported for the same period last year.
MSIG launches travel alerts in Singapore
MSIG will provide travel insurance customers with information over delays, natural disasters and political unrest to produce as a personalised service for them.
Capita launches bordereaux service
Capita Insurance Services has launched a bordereaux management service for Lloyd’s managing agents and London market companies.
Barbon closes Croydon HQ
Barbon Insurance Group has confirmed plans to close its Croydon head office, relocating functions and roles to new purpose built premises in Lincoln.
BP Marsh pushed to £1.4m post-tax profit after Hyperion sale
The sale of an 80% stake in Hyperion Insurance Group has seen BP Marsh record a £1.4m post-tax profit in its interim results for the year to 31 July.
Ombudsman data shows insurance complaints up 4.6%
Consumer complaints for general insurance products reached almost 6500 in the quarter ending 30 September according to data published by the Financial Ombudsman Authority.
Aviva Canada names broker distribution boss Somerville as CEO
Aviva Canada has named its executive vice president of broker distribution as its new president and chief executive.
Insurers urged to embrace digital strategies
Insurers have been warned to take mobile more seriously and not merely ‘play’ at being digital leaders, or be “left on the side lines”.
Global takaful market "in its infancy"
The global takaful industry grew 16% in 2012 and the growth potential is huge according to a report by EY.
First telematics product launched in Australia
QBE and NIA Underwriting Agency have teamed up with technology house SSP in Australia to launch the first telematics product in the country Insurance Box.
Insurers warned about merely ‘playing’ with digital in EY report
Insurers have been warned to take mobile more seriously and not merely ‘play’ at being digital leaders, or risk being “left on the side lines”.
Video: EY insurance customer leader Handy discusses why insurers are failing to embrace digital
Insurance companies have high digital ambitions but have failed to take action and embrace the digital world.
ABI supports PRA Solvency II consultation
The Association of British Insurers has welcomed the Prudential Regulation Authority’s public consultation on its approach to implementing EIOPA’s guidelines for the preparation of Solvency II.
Hardy makes senior appointment from Kiln
Hardy Underwriting has appointed Lloyd Tunnicliffe as its new property treaty business unit manager.
ECIH hires ex-Covea exec Fearn as chairman
Electrical Contractors’ Insurance Holdings has appointed Garry Fearn to the role of chairman.
Ace appoints global client exec for Benelux
Ace Group has appointed Hendrik-Jan Wiersema as its global client executive focusing on the Benelux region.
Jelf trading update reports 'positive' H2
A trading update from Jelf has revealed the broker experienced a positive second half of 2012, with results expected to be in line with market expectations.
Neave joins Wunelli board
David Neave has joined the Wunelli board as a non-executive director.
Claims portal data shows more understanding needed
Of the more than 700 claims that were submitted to the claims portal in the first month following its employers' and public liability extension, 40% left the portal.
Cash compensation for the minority shareholders of Generali Deutschland Holding
As part of the squeeze-out procedure to take full control of Generali Deutschland Group, Assicurazioni Generali has notified its subsidiary Generali Deutschland Holding AG about the amount of cash compensation to be granted to the minority shareholders…